Which indicator is better for Forex trading: CCI or RSI ?

Forex Discussion

you should never hang your hat on one indicator....If your software can handle it you should have at least 3 indicators + a couple of SMA's and Bollinger bands.

Any one indicator will lie to you at any given time....however they rarely all lie at the same time. So both CCI and RSI are fine charting indicators....they are independent of each other so when both give a positive signal it is usually a good sign.

When I use indicators I chart their trends...not take note particularly where they are.

For example....rising into the so-called over bought range of RSI is bullish...trending out of it is mildly bearish...even though tha actual number is virtually the same.

There are many websites which give some indicators and you can make good money in Forex with the help of these indicators. You can get some forex indicators on this site actually in their database section.